Word: summiteer
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Rove stepped in to stop the bleeding. Sources tell TIME he leaned on executives to support the corporate accounting reforms written by Democratic Senator Paul Sarbanes. Three weeks later, he orchestrated the President's economic summit in Waco, Texas, which amounted to little more than a photo op for CEOs but gave the impression that Bush was focused on the economy. The Justice Department, urged on by G.O.P. political consultants, made several high-profile arrests of corporate chiefs, complete with handcuffs. In August Rove kept his boss traveling during his vacation and talking about the economy...
...Before that can be a problem, however, NATO would have to bulk up - and it's not so clear that it is serious about doing so. The question is a familiar one. The centerpiece of the last NATO summit, in Washington in April 1999, was the "defense capabilities initiative," which set out 59 areas - from field hospitals to tankers - where nations should beef up their arsenals. While most goals were achieved, "they picked the low-hanging fruit," admits a NATO official. The crucial big-ticket items remain: protection against nuclear, biological and chemical weapons; better equipment for command, control, communication...
...unilateral American approach. And within the E.U., Chirac wants to make sure that France retains its pre-eminence alongside Germany as one of the Union's two prime movers. If that means he has to turn up his nose at Tony Blair, as he did at the E.U. summit late last month, he's more than willing. Chirac, who celebrates his 70th birthday at the end of this month, has often been thwarted in a career that stretches back four decades, so he's making up for it now. He earned his cowboy spurs in the 1970s, veering wildly between...
Terrorism has hit the Philippines hard in the last couple of weeks?including five bombings that killed 13 and a grenade attack Oct. 17 in Manila's financial district?and President Gloria Macapagal Arroyo has responded with a show of political testosterone intended to impress her APEC summit partners this week in Los Cabos, Mexico. She backed a controversial plan for a national ID card that will help keep tabs on bad guys. Her government also announced the deployment of 500 "secret marshals," plainclothes cops who will scour the nation looking for hoodlums. Arroyo's crackdown contrasted nicely with...
...with Arafat to clear the distribution of cash, according to Israeli intelligence sources. - By Jamil Hamad, Aharon Klein and Matt Rees/Jerusalem. EUROPE More Fudge Down On The Farm The Franco-German alliance at the heart of the E.U. has some life in it yet. Meeting at an E.U. summit in Brussels, German Chancellor Gerhard Schröder and French President Jacques Chirac seemed to clear the way for the E.U.'s enlargement by limiting growth in spending on the Union's farm subsidies to 1% a year from 2007 to 2013. But the deal, which was cut with British Prime...